Macao's total external merchandise trade in the first three quarters amounted to MOP123.12 billion, with a trade deficit of MOP98.29 billion.

Information from the Statistics and Census Service (DSEC) indicates that the total value of merchandise exports for the first three quarters of 2026 rose by 20.4% year-on-year to MOP12.41 billion, of which re-exports (MOP11.12 billion) and domestic merchandise exports (MOP1.30 billion) increased by 20.5% and 19.8% respectively. The total value of merchandise imports amounted to MOP110.70 billion, up 22.0%. The total value of external merchandise trade for the first three quarters combined was MOP123.12 billion, with a trade deficit of MOP98.29 billion. Analyzed by destination, the value of exports to Mainland China (MOP1.51 billion), the Hong Kong SAR (MOP8.91 billion) and the United States (MOP220 million) for the first three quarters rose by 61.8%, 21.2% and 0.1% year-on-year respectively, while exports to the European Union (MOP160 million) fell by 0.4%. By commodity, exports of non-textiles rose by 22.9% to MOP11.40 billion, while textiles and apparel decreased by 1.8% to MOP1.01 billion. Analyzed by country of origin of imports, the value of imports from Mainland China (MOP45.70 billion) and the Hong Kong SAR (MOP7.86 billion) for the first three quarters increased by 63.7% and 55.5% year-on-year respectively, while imports from the European Union (MOP26.33 billion) fell by 0.1%. Analyzed by source of goods, the value of imports from Mainland China (MOP18.28 billion) and the Hong Kong SAR (MOP87.36 billion) rose by 22.5% and 23.1% respectively. By commodity, imports of consumer goods rose by 5.7% to MOP69.54 billion, of which gold jewellery (MOP12.19 billion) increased by 48.9%, while food and beverages (MOP15.49 billion) decreased by 8.2%. The total value of merchandise exports in September 2026 was MOP1.32 billion, up 19.1% year-on-year. Re-exports (MOP1.17 billion) rose by 21.2%, with diamonds and diamond jewellery increasing by 1.1 times and watches decreasing by 15.1%; domestic merchandise exports (MOP150 million) rose by 5.1%, of which copper and copper products increased by 40.1%, while pharmaceuticals and organic chemicals decreased by 42.6%. The total value of merchandise imports rose by 21.7% year-on-year to MOP13.63 billion, of which gold jewellery and mobile phones increased by 48.9% and 32.5% respectively, while beauty, cosmetic and skincare products decreased by 19.8%. The merchandise trade deficit in September was MOP12.31 billion. In the third quarter of 2026, the value of exports (MOP4.19 billion) and imports (MOP36.57 billion) rose by 13.9% and 17.6% year-on-year respectively. The merchandise trade deficit was MOP32.38 billion.